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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf/ X; }0 F" A( X, j% `- g, ^' Q, d/ Z) A
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING1 d' ]" [( n: h1 D! ?
Wednesday March 19, 2003 By CHAD KULTGEN
5 [# `2 X* Y3 ^ lNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading* h" f# X' d! Q3 \2 h( s& d
charges — and incredibly, he claims to be a time-traveler from the year 2256!
, i4 Q+ o$ J, B H# u) \4 C- W, ~# w4 b8 KSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
3 `7 q. I% a+ R' [# t6 E( dbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
' \2 S# `; v3 E4 H: D& o; e28.
8 p/ e, N4 v6 i; t- p$ d”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider." T, C$ l x. }3 i0 t
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over. t9 t1 c4 ~7 B
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
% u5 ~( I6 x A2 Rpure luck./ T0 S# |! R! d) Y" g7 I0 c
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers9 ?+ ]: B3 h, U7 B
Island until he agrees to give up his sources.”
( A; G$ T0 G+ K4 n; O o zThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin( `0 Q- [3 j' f& o
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall: d# k5 k h! Z, k+ Y) ~4 G+ `, ^& d7 }
Street watchdogs.) r' _7 V4 R! n/ Q% O+ l% X# V
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,+ m& I/ I. ^' }! o; C' ]" l$ \
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
" }' v) |9 X6 Z, J( | F# |" \- ninvestigation.
7 Z( a; L9 B7 R1 Q. g. FWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling: B' X* } j' a, i/ o
four-hour confession.
) r) D/ w, x- @! ]4 g4 SCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common. |3 [- L7 T8 i+ K& c6 F
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with L1 w8 g1 R: }1 s; ]7 n5 t
knowledge of the handful of stocks destined to go through the roof could make a fortune.
( n/ Q) a" @6 X. \& k”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to2 M# u0 o' W" T0 S* k
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught0 Q+ c, l, e% N5 }; G2 @
in the moment.”+ }0 x0 C% p/ K1 S
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
6 b! O& {9 a% ]5 w5 ~; m0 jOsama Bin Laden and a cure for AIDS.& _) ?7 J" U2 u$ c7 r
All he wants is to be allowed to return to the future in his “time craft.”( d% }. M. O& C! P4 j
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear5 M8 \$ @: n9 Q
the technology could “fall into the wrong hands.” |
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